ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
(This is an excerpt from an article I originally published on Seeking Alpha on January 22, 2014. Click here to read the entire piece.) Remember last September when the Reserve Bank of Australia (RBA) somewhat mysteriously removed the following language from its statement on monetary policy?… “The Board also judged that the inflation outlook, as … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on January 13, 2014. Click here to read the entire piece.) The Australian Bureau of Statistics (ABS) reported a loss of 22,600 jobs for December, 2013 while consensus expectations were for a GAIN of 10,000 jobs. The economy lost 31,600 full-time jobs … Read more
Tonight, January 14, 2014, I was casually doing my periodic check of forex charts and was absolutely startled to see so many currency pairs pivoting around the 50-day moving average (DMA). I was so captured by this pattern, I decided to post every single chart for the record. I realize that the tests and touches … Read more
On December 27th, I wrote “The Australian Dollar And Japanese Yen Enter 2014 Joined At The Hip – A Split Could Be Telling.” So I find it very intriguing, interesting, and validating to see 2014 start with a dramatic example of the shared hip joint between the Australian dollar (FXA) and Japanese yen (FXY). Since … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on January 2, 2014. Click here to read the entire piece.) The ASX (Australian Stock Exchange) tracker for rate expectations dropped further to start the new year. The RBA (Reserve Bank of Australia) Rate Tracker dropped the odds of a rate decrease … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 27, 2013. Click here to read the entire piece.) In “A Major Test Awaits The Australian Dollar In 2014 As 2013 Delivered New Correlations” I discussed this year’s strong (inverse) relationship between the U.S. 10-year Treasury yield and the Australian … Read more